29 Oct '13, 7am

EE Times Cisco Re-Org Exemplifies Rise of IoT Cisco created a new business unit and investment fund for the Int...

SAN JOSE, Calif. -- Cisco Systems has created a new business unit and investment fund for the Internet of Things. The move is the latest example of how IoT is impacting top-level business decisions in and outside the tech industry, according to a new study commissioned by ARM. Cisco combined three smaller business units into one larger group focused on the smart grid, physical security, and vertical industries. The group starts its life with five existing product families focused on industrial markets such as transportation, manufacturing, and utilities. The group's engineers will work to add to the portfolio more ruggedized switches, routers, and gateways. They also will continue to develop software that encapsulates onto Internet Protocol legacy protocols from a variety of vertical markets. "As processing moves closer to the edge of the network, people are asking for rug...

Full article: http://www.eetimes.com/document.asp?doc_id=1319921&itc=ee...

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